IRAs
2022 Decisions Can Affect 2024 Taxes for Some!
Expecting a big capital gains or other tax event this year? It might mean an unexpected tax surprise that can affect your Medicare premiums two years from now!
April 18, 2022
Category: Planning
IRAs
Beware of Tax Torpedoes and the IRMAA Cliff
Tax traps are waiting. Did you it’s possible to be smack in the middle of the 22% tax bracket, yet taking an additional $1,000 in income could make that additional money taxable at 40%? It can happen to some taxpayers. In fact, there are other pitfalls many aren’t aware of, as well.
April 11, 2022
Investing
Planning Retirement? Think Hard. Stuff Happens.
Remember 1966? What if you retired then? Would it have made a difference if you retired in 1967 instead? Can you time retirement? If not, how do you reduce your risk when there’s no time to rebuild all over again?
March 28, 2022
Inflation
Retirement Planning with Rising Rates and Inflation
Retirement planning was much easier during working years than the challenge of managing after retirement. During the working years it’s relatively simple: just keep stashing money into your retirement plan and let the markets, over decades, do the rest!
February 22, 2022
Family Issues
529 vs Roth IRA: Which is Better for College Savings?
We’ve all been conditioned to believe the well-known 529 plan is the “designated” college savings vehicle – people tend to think of it automatically when planning.
January 27, 2022
Planning
Social Security Claiming can be Confusing.
Social Security can be confusing; even the hard-working people working in Social Security offices don’t always get it right. Here are the two questions advisors often get asked.
November 15, 2021
Family Issues
17 Unexpected Retirement Expenses
I wish I could take credit for this list, but I can’t. This is from the Society of Actuaries who outlined these unexpected or shocking expenses in its 2015 Risks and Process of Retirement Survey. I doubt it’s changed much since. Here they’re ranked by the likelihood of it happening.
July 23, 2021
Investing
Should You ALWAYS Wait to Claim Social Security Benefits?
There may be times when you might decide it’s worth claiming your Social Security benefits early!
July 15, 2021
Planning
Women and Social Security Land Mines
Bad decisions can create time bombs, and few decisions can be as disastrous as those that result from the mistakes many women make when it comes to claiming Social Security benefits. This is particularly true for widows, divorced spouses, and stay-at-home parents.
May 20, 2021
IRAs
Retirement Income Planning Gains Importance.
Retirement Income Planning Gains Importance.
May 7, 2021
